PERKASIE, Pa. (December 2021) โ Penn Community Bank, the largest mutual bank in eastern Pennsylvania, is partnering with Summit Technology Group (STG) to โadoptโ a dozen local families this holiday season as part of its annual Adopt-a-Family program. Team members from both organizations gathered recently to purchase over $10,000 in gifts and holiday essentials for those in need across the region.
โPerhaps no time of year highlights the strength of communities more than the holidays. As a community-first financial institution, weโre inspired by the generosity of our neighbors and always eager to lend a hand,โ said Charles Field โ Chief Financial Officer, Penn Community Bank. โWeโre grateful for the professional and charitable partnership with Summit Technology Group that made this program possible.โ
โFrom the start of our relationship, it was clear Penn Community Bank was committed to serving the greater good. Weโre thrilled to partner with another values-driven business to brighten the holiday season for families in need,โ said Benjamin Wallace, Summit Technology Group.
Penn Community Bank and Summit Technology Group began their business partnership in 2020 amid the COVID-19 pandemic when STG helped establish state of the art technology for the bank as it administered the Paycheck Protection Program (PPP). Thanks in part to these tools, Penn Community Bank was able to assist hundreds of local businesses, saving thousands of jobs across the region.
ย About Summit Technology Group:ย Summit Technology Group (“STG”) is focused on helping community and regional banks modernize their operations, technology delivery, and back-office processes. STG supports over 200 community institutions in their efforts to modernize their delivery of banking services and improve their service delivery.
About Penn Community Bank: Penn Community Bank holds more than $2.6 billion in assets, employs more than 300 people, and offers banking, lending and investments at 20+ bank financial centers and three administrative centers throughout Bucks and Montgomery counties, Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.